Brooklyn, NY — income, home value, property tax, and sales tax.
In Brooklyn's 11218, households bring in a median of $97,366, while per-capita income sits at $54,854. Homes here carry a median value of $935,900, and the county-level property tax rate of 0.70% translates into a real annual obligation for owners. Add the combined 8.88% sales tax on everyday purchases, and a meaningful share of earnings goes toward housing and consumption alike. Higher home values paired with that tax rate mean ownership costs stay substantial even at these income levels, so buyers and renters in this ZIP should weigh both income and ongoing tax exposure carefully.
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